Limited liability company registration is one of the most common types of business companies around the world. This type of company registration is more common in our country. Limited liability company registration has more fans due to simpler conditions for registration and maintenance. In this article, we are trying to share with you the general concept of a limited liability company, its documents and procedures. If you need advice before starting, you can contact Culture Registration. Because it is really a good record of culture.
What should we do to register the company?
Many people turn to these types of companies to promote their business and benefit from the benefits of limited liability company registration. On the other hand, most of these companies are established to produce and design products for people's convenience. The registration of a limited liability company, like other administrative tasks, has legal processes and procedures. With the advancement of technology, the process of registering a limited liability company has also been facilitated. In the past, you had to go to the company registration organization of your province to register companies, but today you can register your company by referring to the company registration system. But this work is also subject to its own legal process and may take time. The best and easiest way is to contact the company registration offices so that they can register your company in the shortest possible time.
What companies are called limited liability companies?
A limited liability company is a company formed between two or more people for business purposes, and each of the partners will be responsible for the company's debts and obligations only up to the amount of their capital in the company, without the capital being divided into shares or parts of shares. To put it more simply, limited liability companies are formed between two or more people to do business, and each partner will be responsible for paying possible debts only to the extent of their capital.
In fact, if the company goes bankrupt, the creditors cannot take the personal property of the members in exchange for their debts. It should be noted that the voting rights of individuals and their profits are also relative to the share they have in the company. One of the most important advantages of limited liability companies is the possibility of the establishment even with a small amount of capital, and it is not possible to issue securities for it. For this reason, these companies are popular among people who have relatives or friends and even are members of the same family. In the name of the company, the phrase with limited liability must be stated, and if not, the company will be considered as a joint venture against third parties and will be subject to its regulations. Therefore, the name of the company should not include the name of any of the partners, otherwise the partner whose name is mentioned in the name of the company will have the authority of the guarantor partner in the partnership against third parties.
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